Credit Karma sent me an email today to let me know that my SRT ‘s “estimated value has changed”. Apparently they thought I needed a good laugh 😂 🤦🏼*♂️

 

Its not worth that, insurance says its worth $5650. Im surprised the value keeps dropping.

Either way at this point you'll have to get a special endorsement policy where you state what you feel your car is worth. Insurance will only give you a max of 6k if your car was deemed a TL today. This is for a SRT-6 coupe model. I'd imagine the base xf is even worse off.

 

This is only true if you did nothing at all to question their assessment of the value, and don;t give them evidence supporting your position on its value otherwise. While it's best to get a policy with an "agreed-value" valuation up front, even after a loss, you don't need to get jilted. However, it takes a bit of work on your part.

All you need to do is show the insurance company comparable model and mileage examples with current selling prices and even better, completed sales and closed auction sale-prices, within 500 miles of your zip-code, to show correlating values to negotiate fair reimbursement. Unless you do that, yes, they would solely go off a price-estimating guides and you'll get hosed; and most of those estimating guides defer to the base-model Crossfire rather than the SRT-6, a - because they don't know any better or see a difference. Many of these guides often have no working knowledge of what model names or numbers indicate.

 

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It is a marketing ploy to get you to buy a new car and finance it.


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If anybody thinks this is true, I'll take 10 site unseen.

 

If it IS a joke . . . It's not a very funny one . . . And just WTF is Credit Karma doing getting involved with telling you the value of your personally owned vehicles??

 

Exactly what I sent them back. Of course I didn't hear back from them.

 

The following link provides excellent info on the various insurance providers:

https://www.valuepenguin.com/best-cl...-car-insurance

It appears your car is seriously under insured - your welcome!

 

Thanks for that link. I will reassess my Hagerty's with the info your link provided.

 

CreditKarma is not a legitimate site. Just another example of the nonsense you can find on the internet.

 

I will pay you $3000 for the vehicle. Easy $5 profit.

 

Along with PG, this sounds like a phishing site email. IF you reply or open a link, you most likely installed malware. IF you entered ANY passwords or provided any information, do a system restore to a point BEFORE the offending email or site showed up on your system AND THEN change your passwords immediately! It may be TOO LATE though...


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